Cost of moneyHungary
Real policy rate in Hungary
Does money at the central bank’s rate actually beat inflation?
Hungary's real policy rate is 1.34 % — #18 of 53 countries on the atlas (higher is better). Period 2026-07.
1.34%
Source: Fiatmap derived metrics (own calculation from separately sourced components)
Positive: money in the bank in Hungary currently grows 1.3 pp faster than prices.
Among 53 countries
- Rank
- #18 of 53
- higher is better
- Ranked behind
- 66 %
- 35 of 53 countries
- Latest move
- ▼ 0.50 pp
- since June 2026
In Europe: #4 of 30vs median 0.63 %: +0.71 pp (better)
The neighbourhood
| # | Country | Real policy rate | vs Hungary |
|---|---|---|---|
| 16 | Australia | 1.48 % | +0.14 pp |
| 17 | Malaysia | 1.37 % | +0.03 pp |
| 18 | Hungary | 1.34 % | — |
| 19 | France | 1.31 % | −0.03 pp |
| 20 | Czech Republic | 1.29 % | −0.05 pp |
Policy rate minus annual CPI inflation — positive means money in the bank beats inflation. Our calculation from separately sourced components.
How to read this figure
Our own calculation: the central bank policy rate minus annual CPI inflation. It answers one question — does parked money beat rising prices? Both components are separately sourced official figures, and we never compute it when either leg is missing.